Royality FX Forex Broker

Royality FX Review SummaryFounded2-5 yearsRegistered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsCommodities/Indices/Currencies/Stocks/Metal/CryptocurrencyDemo Account/LeverageUp to 1:500SpreadFrom 0.7 pipsTrading PlatformMT5(Windows/iOS/Mac/Android)Min Deposit100 USDCustomer SupportTel: +44 2080895166Email: contact@royalityforex.comRoyality FX Information Royality FX is a broker-trade instrument that includes commodities, indices, currencies, stocks, metals, and cryptocurrency. The broker also provides three accounts with a maximum leverage of 1:500, including standard, ECN, and professional. The minimum spread is 0.7 and the minimum deposit is $100. Royality FX is still risky due to its unregulated status.Pros and ConsPros Cons Leverage up to 1:500Unregulated24/5 customer supportInaccessible official websiteMT5 availableSpread from 0.7 pipsIslamic account availableVarious tradable instrumentsIs Royality FX Legit? Royality FX is not regulated, making it less safe than regulated brokers.What Can I Trade on Royality FX? Royality FX offers various market instruments, including commodities, indices, currencies, stocks, metal, cryptocurrency and many more.Tradable Instruments Supported Currencies✔Indices✔Commodities✔Stocks✔Metal✔Cryptocurrency✔Account Type Royality FX has three account types: standard, ECN, and professional. Traders who want low spreads and low leverage can choose a professional account, while those with a small budget can open a standard account. In addition, Royality FX also provides Islamic accounts for traders.Account Type StandardECNProfessionalMin Deposit$1000$5000$25000Maximum Leverage1:5001:3001:100Minimum Lot Size0.010.010.01Spreads1.5 pips1.0 pips0.7 pipsMargin Call70%70%70%Stop Out30%30%30%Islamic AccountYesYesYesRoyality FX Fees The spread is from 0.7 pips. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform Royality FX cooperates with the authoritative MT5 trading platform available in Windows, iOS, Mac, and Android to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.Trading PlatformSupported Available Devices Suitable for MT5✔Windows/iOS/Mac/AndroidExperienced tradersDeposit and Withdrawal The minimum deposit is 100 USD. Royality FX accepts Payeer, Perfect Money, Bitcoin, Neteller, Visa, and MasterCard for deposit and withdrawal. Transfer processing takes 2-4 working days, and there are no associated fees.